and rick reeder, investment strategist for black rock. rick, let me begin with you, you know it is one thing for the dow to be down 160 points. but i believe what surprised a lot of people today was seeing that the yield on the treasury was below 2%. what is the bond market telling us? is it telling us that now the u.s.'s economy is weakening just like we see in europe and china? >> well, there are a few things, one not enough safe assets in the world. whenever there is volatility in the world, the treasury is a big part of that i had dropped today. today was one of the main volatile days we had in the treasury market in the past ten or 20 years, very incredible move. a, political move, b, health care risks as you cited with ebola. and then, volatility coming from other markets and crowded trade, we call it short interest rate positioning out there that causes a flight to eequality. >> with a little bit of a technical issue i would assume you're saying there, rick, jim paulson, let me turn to you. you don't exactly ring a bell and say the